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How drought is ruining Christmas in the Northeast
  + stars: | 2024-11-15 | by ( Rachel Ramirez | ) edition.cnn.com   time to read: +2 min
CNN —Christmas tree farmers across the Northeast are looking decidedly less merry as they struggle to keep their trees alive amid a weeks-long drought that has left vegetation brown, shriveled and crisp. Nearly 60% of the Northeast was in drought last week, according to the US Drought Monitor, and more than a quarter of it was in severe to extreme drought conditions, having received little to no rain for weeks. It’s the young trees at Christmas tree farms that are getting hit hardest, threatening to impact many farms’ tree sales in the future, since it takes about seven to eight years to grow a mature Christmas tree. Meanwhile, about 500 of the 2,700 Christmas trees the farm planted earlier this spring have already died from drought conditions. “Christmas tree farms in the Northeast have, unfortunately, been hit with drought conditions that will impact the crop for several years to come,” Warner told CNN.
Persons: Chris Moran, , , ” Jami Warner, ” Warner, ” Moran, Darryl Schwartz, He’s, I’ve, ” Schwartz, centerpieces, Moran, he’s Organizations: CNN, US Drought Monitor, WBZ, Association, Whispering, World Meteorological Organization Locations: Mendon , Massachusetts, Virginia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSchutz: Under a Republican administration, banks perform better due to less regulationsAnton Schutz, President & CIO at Mendon Capital Advisors, expects regional banks' earnings declines are already priced in, with M&A likely, especially among smaller banks.
Persons: Anton Schutz Organizations: Republican, Mendon Capital Advisors Locations: Mendon
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNew York Community Bank's issues are name-specific, not industry-wide, says Anton SchutzAnton Schutz, President and CIO at Mendon Capital Advisors, discusses New York Community Bank and the rest of the regional banking sector.
Persons: Anton Schutz Anton Schutz Organizations: New York Community, Mendon Capital Advisors, New York Community Bank Locations: Mendon
Cornell University student Patrick Dai is accused of making online threats against the school's Jewish community. David Bauder/APAfter the threats were posted Sunday, Cornell University police ramped up patrols and increased security for Jewish students and organizations, the agency said. At Cornell, Jewish students make up about 22% of the student body, with about 3,000 undergraduate and 500 graduate Jewish students, according to the school’s Hillel organization. “Jewish students on campus right now are unbelievably terrified for their lives,” Molly Goldstein, co-president of the Cornell Center for Jewish Living, told CNN. “The virulence and destructiveness of antisemitism is real and deeply impacting our Jewish students, faculty and staff, as well as the entire Cornell community.
Persons: Patrick Dai, Dai, , Gabrielle DiBella, DiBella, Christopher Wray, Biden, he’s, beheadings, ” Dai, Miranda, Dai’s, Cornell, David Bauder, Kathy Hochul, Hillel, Cornell Hillel, ” Molly Goldstein, ” Cornell, Joel M, Malina, ” Malina, , Martha E, Pollack, ” Pollack, Hochul, it’s, CNN’s Wolf, “ We’re, CNN’s Jessica Xing, Elizabeth Wolfe, Paul P, Murphy, Maria Campinoti, Dakin Andone, Chris Boyette, Andy Rose, Caroll Alvarado, Artemis Moshtaghian, Michelle Watson Organizations: New York CNN, The Cornell University, Ivy League, New York’s Northern District, Prosecutors, US, Cornell University, Israel, CNN, Palestinian, Defamation League, Cornell, FBI, Dai, Pittsford Mendon High School, Cornell Police Department, New York, New York State Police Department, Cornell University's Center, Jewish, Cornell University police, New York State Police, Gov, Cornell Center for Jewish, “ Cornell University, ” Cornell University, ” New Locations: Syracuse, New York, West, Broome County, Israel, United States, Pittsburgh , Minnesota, Rhode Island, Ithaca , New York, Cornell’s, Pittsford , New York, Pittsford, Ithaca, Cornell, ” New York, Muslim, Dai
Supporters of former U.S. President Donald Trump cheer for Rep. Lauren Boebert at the Save America Rally in Mendon, Illinois, U.S. June 25, 2022. Save America is a Trump group that is separate from his campaign but played a major role raising money to support him as the frontrunner for the 2024 Republican nomination. Trump, a Republican, founded Save America days after losing the 2020 election to President Joe Biden, a Democrat. Save America could not immediately be reached for comment. The federal indictment of Trump did not specifically refer to Save America.
Persons: Donald Trump, Lauren Boebert, Kate Munsch, Jack Smith, Smith, Trump, Joe Biden, Robert Mintz, Kanishka Singh, Richard Chang Organizations: Save, REUTERS, Rights, Washington Post, Trump, Republican, Democrat, U.S, Capitol, Save America, White, Thomson Locations: Mendon , Illinois, U.S, Washington, United States, New York, Georgia
Stratyfy uses AI to help lenders extend more credit to underbanked communities. Here's the 13-page pitch deck Stratyfy used to raise its so-called "institutional seed." Stratyfy works to help lenders eliminate biasStratyfy uses machine-learning algorithms to help lenders remove sharp cutoffs — like those based on credit history lengths or current income — that are often used in their credit decisioning. The core engine uses a lender's traditional credit data, in addition to alternative data, to offer a breakdown of factors in a given borrower's profile. Here's the pitch deck Stratyfy used to raise $10 million.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC Special Pro Talks: Bank investor and specialist Anton Schutz on navigating the banking crisisVolatility in the financial sector has left investors questioning if banks are a safe investment, especially with well-known institutions down significantly this year. Anton Schutz, who founded Mendon Capital Advisors with an eye for investing in financials, joins CNBC Pro Talks with his best picks in the sector.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAt the end of the day, deposits matter, says Mendon Capital Advisors' Anton SchutzAnton Schutz, Mendon Capital Advisors president and CIO, joins 'The Exchange' to discuss the bank earnings picture headed into 2023, the forces shaping growth trends and Goldman Sachs' strategy for a consumer pullback.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's why Mendon Capital Advisors' Anton Schutz likes regional banksAnton Schutz, Mendon Capital Advisors president and CIO, joins 'The Exchange' to discuss the bright spots in the investing landscape this year, why the banks haven't benefited from higher net interest income and more.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed's 75 bps hikes have to end, says Mendon Capital's Anton SchutzAnton Schutz, Mendon Capital Advisors, joins 'The Exchange' to discuss banks stocks, earnings and which names investors should watch.
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